PPP Loan information for Hiway service center corp

$102,700

Hiway service center corp was initially approved for PPP Loan of amount $102,700, the current approved amount is $102,700. The loan was approved on 04/15/2020 by The Federation Bank reported 11 jobs and $102,700 was used to fund payroll.

Hiway service center corp is Existing or more than 2 years old

HIWAY SERVICE CENTER CORP

Date Approved

04/15/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

HIWAY SERVICE CENTER CORP

Borrower Address

523 N 7TH AVE

Borrower City

WASHINGTON

Borrower State

IA

Borrower Zip

52353-2333

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

102700.00

Current Approval Amount

102700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24616

Servicing Lender Name

Federation Bank

Servicing Lender Address

300 S Iowa Ave

Servicing Lender City

Washington

Servicing Lender State

IA

Servicing Lender Zip

52353

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WASHINGTON

Project County Name

WASHINGTON

Project State

IA

Project Zip

52353-2333

CD

IA-01

Jobs Reported

11

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2500.00

Payroll Proceed

90200.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

24616

Originating Lender

Federation Bank

Originating Lender City

Washington

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

103324.64

Forgiveness Date

11/27/2020

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